We have a 10 per cent tax on everything, so the $2k over $20K for the "R" goes to the government. (And that is before dealer delivery, registration and establishment of title, which will add a further $1500 to these.)

In the context of recent history, it's great.

To give you some perspective, the "R" is $1K less than a Moto Guzzi Stelvio NTX.

About $500 more than a base model air-cooled BMW GS. (And $1500 less than the base GS Adventure.)

About $1K more than a Honda Crosstourer DCT.

About $2K more than a Yam Super Tenere, although these are being offered with bags now and discounted further, as I believe are the Hondas.

About $1K less than a Duc Multistrada base, and $7K less than the Ohlins versions. (Skyhook bikes not yet priced, although the official word to dealers so far is "same as it ever was".)

And perhaps most pertinently, about the same as the KTM 990Rs have been going for in the lead-up.

Prices generally are dropping here as the exchange rate rides the oil, gas and iron boom.

For a bit more perspective: I have responded previously to two local posters on this thread who had feared the 1190 R would cost more than $28K RRP.